United Kingdom Real Estate Report 2015

About This Report

Abstract:

BMI View: Low commodity prices and inflation CPI of -.- in Q--- should sustain the robust economy in the UK over the remainder of ---- and into ----. The tertiary sector remains the strongest contributor, at -- of GDP, a factor we expect to remain resilient, despite current external market volatility, as consumer spending and domestic demand drive retail and office opportunities over the forecast period. ...Eurozone difficulties with Greece s bailout terms and continued sliding of the Chinese stock market is weighing in on investor confidence. Although, there remains uncertainty as a stronger pound becomes an issue for UK exporters, especially when trying to sell to the struggling EU. Concerning the effects to the wider commercial real estate industry up to the ---- forecast period, we little effect on the growing industry as conditions remain favourable in the UK, such as reduced corporate tax policies, with particular opportunities in London amid the conservative majority victory in May ----, inducing increased business sentiment. Company focus is on London city, the most important in the region with a global financial centre and a population of over -mn people. ...Rentals here for each sector remained consistently lower that the other cities over recent years and we expect this trend to continue over the forecast period. Attractive prospects in the city will relate to the available space for development, in comparison to London and Manchester.

...Contemporary corporate interest remains heavily involved with Office real estate. The UK s exports of financial and business related ventures have contributed greatly towards the country s economy and effectively attracted continued foreign and domestic interest. ...The UK s exports of financial and business related ventures have contributed greatly towards the country s economy and effectively attracted continued foreign and domestic interest. This is largely due to London s reputation as a global financial hub, with significant involvement in international commerce that has led the services, and hence influenced office real estate, to become the dominant sector in the UK. Although, with the economic instability in the EU and China affecting this industry, current trends reveal non-domicile companies are looking beyond London, and the equally lucrative South-East, for higher yielding opportunities in other regional locations, such as Manchester and Glasgow. Retail sector growth has been the most promising from the three sub-sectors and remained fairly resilient, despite the Q--- economic slowdown. ...Meanwhile, speculative inflows from foreign investors into the market forced asset prices higher, reducing rental yields. We note the increasing regionalisation of the UK commercial real estate sector as firms look to diversify rental and investment activity away from the capital to try reduce costs.

...All information contained in this publication is copyrighted in the name of Business Monitor International Ltd, and as such no part of this publication may be reproduced, repackaged, redistributed, resold in whole or in any part, or used in any form or by any means graphic, electronic or mechanical, including photocopying, recording, taping, or by information storage or retrieval, or by any other means, without the express written consent of the publisher. ...

Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

Following terms and conditions apply: All charges are made in USD. Actual charge to your credit card may deviate due to the currency exchange and Bank fees from your financial institution as some banks and credit cards impose fees for international transactions outside the United States. If you have any questions about these fees or the exchange rate applied to your booking, please contact your bank.